Senior analyst- Technical Accounting with AXA XL

Axa Xl; New Delhi, Gurugram District; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Flexible working arrangements

Family-friendly leave

Diversity recognition

Diversity Best Practices

Women in Finance Charter

Job summary

AXA XL in India is seeking a Senior Analyst, Reinsurance in Gurgaon, Haryana. You will manage reinsurance accounting transactions, analyze premium and loss histories, maintain client relationships, and assist in monthly/quarterly closings.

The role reports to Senior Manager and requires technical accounting experience and leadership skills. The ideal candidate is a graduate with 2–4 years in reinsurance, proficient in MS Excel and PowerPoint, and capable of working collaboratively in

Qualifications

• Graduate / Post Graduate with 2-4 years experience within Reinsurance industry.
• Technical Accounting Experience.
• Team Leading background.
• Experience in MS-Excel and PowerPoint is required.
• Self-starter who is solution orientated and has the ability to work within a team environment.
• Independently develops, communicates and oversees the execution of solutions to resolve issues persistent within the portfolio.

Responsibilities

• Processing accounting transactions and related cash activity for assigned brokers and ceding companies within a team environment.
• Analyzing the premium and loss histories of the treaty business.
• Establishing and maintaining relationships with internal and external clients.
• Analysis, booking and reconciliation of various reinsurance accounts, including those with adjustable features such as commissions and premium adjustments.
• Handling of cash activity for assigned clients including application, collection and accounts payable.
• Assist as necessary in the monthly & quarterly closing process.
• Work closely with other internal departments on special projects as and when required.

Skills

Reinsurance experience

Technical accounting

Leadership

MS Excel

Education

Graduate/Post Graduate in relevant field

Tools

MS-Excel

PowerPoint

Job description

Senior Analyst, Reinsurance

Gurgaon, Haryana, India

Reinsurance Technical Accounting process includes accounting for reinsurance premiums, commissions, claims, reserves, deposits, reinstatements etc for various types of assumed and retro contracts. The team also handles the cash disbursements and cash receipts allocation of technical entries. The Assumed teams are responsible for handling and input of technical accounting information received from cedants/brokers, while the ceded team takes the information input by the assumed team and then generates the ceded booking statements that are then entered into the system and sent out to the retrocessionaires.The person working as a Sr Analyst is responsible to resolve any issues that may arise while processing the accounts; they have the responsibility to ensure that the numbers entered into the sub-system are correct and are settled in a timely manner. They also need to ensure that the proper backups and calculations are available for auditors as and when required.

What youll be DOING

What will your essential responsibilities include?

• Processing accounting transactions and related cash activity for assigned brokers and ceding companies within a team environment.
• Analyzing the premium and loss histories of the treaty business.
• Establishing and maintaining relationships with internal and external clients.
• Analysis, booking and reconciliation of various reinsurance accounts, including those with adjustable features such as commissions and premium adjustments.
• Handling of cash activity for assigned clients including application, collection and accounts payable.
• Assist as necessary in the monthly & quarterly closing process.
• Work closely with other internal departments on special projects as and when required.

You will report to Senior Manager.

What you will BRING

Were looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Graduate / Post Graduate with 2-4 years experience within Reinsurance industry.
• Technical Accounting Experience.
• Team Leading background.
• Experience in MS-Excel and PowerPoint is required.
• Self-starter who is solution orientated and has the ability to work within a team environment.
• Independently develops, communicates and oversees the execution of solutions to resolve issues persistent within the portfolio.

Desired Skills and Abilities:

• Robust written and verbal communication and interpersonal skills to work effectively with internal clients and customers.
• Organized with the ability to sort multiple priorities, meet tight deadlines and detail orientated.
• Ability to use initiative in day to day activities to resolve issues or flag to management for review.

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see axaxl.com/sustainability.